Intelligent CIO Europe Issue 12 | Page 103

/////////////////////////////////////////////////////////////////////////////////////////// FINAL WORD Expert questions why people continue to put password security at risk Protecting our personal files and accounts seems a standard requirement but how many of us are actually doing this properly and how many think we are. LogMeIn’s CIO, Ian Pitt, discusses this in more detail and challenges people’s approaches when it comes to personal security. C yberattacks are increasing at an alarming rate with well- known organisations such as Equifax, British Airways and Under Armour demonstrating that no organisation is immune. The Breach Level Index estimates that more than 5 million records are breached daily. Passwords are continuing to play a major role in breaches: 81% of data breaches involved weak, reused or stolen credentials in 2017 – up from 63% in 2016. With all this in mind, we could be forgiven for assuming that increased awareness of the growing threat landscape would positively impact password behaviour and encourage businesses to tighten security practices. However, recent research into the psychology of passwords within enterprises found that individuals display some pretty contradictory behaviour around password creation and management. So when it comes to enterprise security, how can CIOs ensure that security conscious thinking actually translates into action? www.intelligentcio.com INTELLIGENTCIO 103